Why is Bharat Global falling/rising?

As of 18-Sep, Bharat Global Developers Ltd's stock price is rising, currently at Rs 254.00, reflecting an increase of Rs 12.05 or 4.98%. The stock has shown remarkable performance, gaining 177.6% over the last 21 days and outperforming its sector by 4.28% today. In the past week, the stock has surged by 27.57%, and over the past month, it has skyrocketed by 191.45%. However, despite these impressive short-term gains, the company faces challenges such as poor management efficiency, indicated by a low Return on Capital Employed (ROCE) of 1.28%, and a high Debt to Equity ratio of 2.52, which suggests significant financial risk. Additionally, the company reported a decline in profit after tax over the last six months, which could raise concerns among investors.
In the broader market context, while Bharat Global has significantly outperformed the Sensex in the short term, which has only increased by 1.80% over the past week, it has underperformed over the last year with a return of -48.44% compared to the market's slight gain of 0.08%. This stark contrast highlights the volatility and potential risks associated with the stock, as domestic mutual funds hold no stake in the company, possibly indicating a lack of confidence in its long-term prospects. Despite the recent price increase, the overall financial health and management efficiency of Bharat Global Developers Ltd remain points of concern for investors.